NOT LISTED FOR SALE

7581 Somerset Crossing Dr Gainesville, VA 20155

-- Bed
-- Bath
5,934 Sq Ft
0.95 Acres

About This Home

This home is located at 7581 Somerset Crossing Dr, Gainesville, VA 20155. 7581 Somerset Crossing Dr is a home located in Prince William County with nearby schools including Buckland Mills Elementary School, Ronald Wilson Reagan Middle School, and St. Michael's Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Ganges Somerset Crossing Llc
Bought by
Ganges Somerset Propco Llc

Purchase Details

Closed on
Aug 1, 2022
Sold by
Msci 2007-Iiqi2 Somerset Crossing Drive
Bought by
Ganges Somerset Crossing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,100,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Mcw Rc Va Somerset Crossi
Bought by
Somerset Crossing Gmc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,200,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2004
Sold by
Mcw Rc Va Somerset Crossi
Bought by
Regency Somerset
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ganges Somerset Propco Llc -- Novare National Settlement
Ganges Somerset Crossing Llc $11,800,000 Bulzin Sumbert Beana Price & A
Somerset Crossing Gmc Llc $33,350,000 --
Regency Somerset $26,165,172 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ganges Somerset Crossing Llc $7,100,000
Previous Owner Somerset Crossing Gmc Llc $27,200,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,646 $2,082,000 $598,200 $1,483,800
2024 $20,646 $2,076,000 $526,400 $1,549,600
2023 $21,520 $2,068,200 $526,400 $1,541,800
2022 $22,356 $2,018,600 $526,400 $1,492,200
2021 $27,555 $1,907,600 $466,600 $1,441,000
2020 $32,600 $2,103,200 $466,600 $1,636,600
2019 $32,600 $2,103,200 $430,700 $1,672,500
2018 $24,900 $2,062,100 $406,800 $1,655,300
2017 $25,612 $1,732,000 $382,900 $1,349,100
2016 $24,825 $1,683,100 $316,200 $1,366,900
2015 $24,376 $1,630,600 $316,200 $1,314,400
2014 $24,376 $1,611,600 $316,200 $1,295,400
Source: Public Records

Map

Virginia Prince William County Gainesville 20155

7581 Somerset Crossing Dr, Gainesville, VA

This home is located at 7581 Somerset Crossing Dr, Gainesville, VA 20155. 7581 Somerset Crossing Dr is a home located in Prince William County with nearby schools including Buckland Mills Elementary School, Ronald Wilson Reagan Middle School, and St. Michael's Academy.

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